Understanding and Counteracting the Challenges Facing Firm Profitability 2023 With the pandemic finally in the rearview mirror, law firms must face the hard new realities of a business and work environment that has changed forever and continues to evolve. Inside this ebook, you will find helpful insights and solutions to help navigate this new landscape. citrincooperman.comIndex Succession – who will lead the firm in the years ahead? 4 Stemming profit margin erosion 5 Budgeting, forecasting, and benchmarking 6 Office space – how big of a footprint do firms need? 6 Finding value in fee structures 6 Improving the health of the firm’s accounts receivables 7 Invest in insurance and cybersecurity 8 Maximize business development and marketing programs 9 Potential tax exposure 10 Revisit

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